The European Union is looking at an economic stimulus plan that will be a combination of tax cuts and investments. Kyle James reports why some are being encouraged to sign onto the package quickly.
The U.S. government bailout of Citigroup has raised concerns that European leaders may try to ramp up government intervention on the free market. Kyle James reports France's Nicolas Sarkozy is one big example.
Thanks in part to inflation, oil prices and dried-up credit, all countries using the Euro have been hit with a recession. Kyle James reports it may be a less brutal but perhaps longer recession than the U.S.
Germany's high export ratio is one big reason the country has gone into the red. Kyle James reports economic advisors want the government to spend more than $60 billion to help weather the storm.
An economic report says German investor sentiment has improved somewhat since last month, but there is still a great deal of uncertainty. Kyle James looks into the mood and why it could affect the rest of Europe.